Shares of quick service restaurant operator Restaurant Brands International (NYSE:QSR) are rising in the pre-market session today on the back of a strong third-quarter performance.
Revenue jumped 15.3% year-over-year to $1.73 billion, comfortably beating expectations by $70 million. EPS at $0.96 too, outperformed expectations by $0.17.
Impressively, sales at Popeyes, Tim Hortons, and Burger King increased by 12%, 13%, and 14% respectively during this period. While global comparable sales growth increased to 9%, digital sales surged by 26%.
QSR shares have already gained 9.3% over the past month.
Read full Disclosure
